EAST OF OXLEY, FABULOUS OPPORTUNITY + DA APPROVAL for DUAL OCCUPANCY

25 James Street, Scarborough, 4020

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Contact for PriceFor Sale
  • Ownership Type House
  • Property Area 405 sqft
  • Bedrooms 3
  • Bathrooms 1
  • Furnished No
  • Last Updated 27th Dec, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 1

Property Overview

Situated literally a hop, skip and jump to Queens Beach and the Esplanade, and only a short stroll will get you into the Café & Restaurant hub of Redcliffe. This gorgeous home is perfectly perched on an elevated corner block, capturing cooling sea breezes all day long. Lovingly owned and cared for, this home is ready for its astute new owners to seize a great opportunity. In excellent, mostly original condition but with newly polished floors, updated kitchen and paintwork throughout. With DA approval for a Dual Occupancy, this highly sought "East of Oxley" located property has many options for savvy purchasers to snag themselves a truly unique offering. <br/>Live in as is, live in and build the Dual occupancy for extra income, develop the existing house and enjoy, or simply develop the dual occupancy and rent both properties then relish in the excellent $$ yields. The current owners have gone to great lengths to maximise the potential of this property with approved plans for a small renovation to the current house and a new stand alone dwelling beside, further details of this can be supplied on application. <br/><br/>Spit and polish this little gem and soak up the seaside location or, simply invest and land bank now for your future! Being surrounded by high quality homes in an evolving area you can rest assured your property will always have excellent appeal and is in a capital growth guaranteed location!<br/><br/>300m to Queens Beach and Esplanade<br/>Elevated position <br/>40m frontage onto the street Koch Street<br/>Full side access, 40m frontage onto Koch Street<br/><br/>EXISTING HOUSE<br/>Cute as a button post war cottage with great street presence<br/>Great, solid 3 bedroom home<br/>In excellent original condition<br/>Lovely character features throughout<br/>Recently polished floors, updated kitchen & new paintwork throughout<br/>3 spacious bedrooms<br/>Generous separate open plan living areas<br/>Front verandah capturing sea-breezes<br/>Rear entertaining area or vehicle storage<br/>Recently upgraded electrics<br/>Currently returning $490pw<br/>Approved plans to upgrade throughout and add an ensuite plus increase the size of the front entertaining area<br/>Potential Airbnb or Holiday Let returns of $1200pw approximately <br/><br/>DA APPROVED DUAL OCCUPANCY <br/>DA approval for 1 bedroom 80m2 house<br/>Seperate entrance off Korch Street<br/>Potential Airbnb or Holiday Let returns of $1000pw approximately<br/><br/><br/>Contact Stephanie Williams on 0419 030 883 for further details.<br/><br/><br/><br/><br/><br/>All measurements are approximate

Location on Google Map

25 James Street, Scarborough, 4020

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